How a 10% surcharge can swallow up to 70% of your income above ₹50 lakh
The concept of a surcharge is simple – it’s an extra tax…
ITR Filing: Want to switch back to the old tax regime? Here’s how to do it
There is some leeway in selecting a tax regime thanks to the…
ITR Filing 2024: What is the penalty amount for filing income tax returns after the due date?
Submitting the Income Tax Return (ITR) is essential as it outlines a…
ITR Filing 2024: How can you verify your income tax return? A step-by-step guide
Verifying your Income Tax Return (ITR) after filing is crucial, and fortunately,…
Own foreign stocks or MNC Esops? Omit them from ITR at your peril
I-T rules require all taxpayers who hold foreign assets to declare them…
ITR filing 2024: Which ITR form is recommended for senior citizens, super senior citizens for tax returns
The deadline for filing income tax approaches each day, underscoring the importance…
Government should raise I-T exemption limit under new tax regime from ₹3 lakh to ₹5 lakh: EY
Budget 2024: Tax and consultancy firm EY, as quoted by Moneycontrol, said…
Changing jobs often? Here’s why Form 16 is critical for your income tax return
Form 16 holds significant importance for employed individuals in India during the…
Furniture and fixtures can save you capital-gains tax and stamp duty. But only if you do it right.
For the buyer, this meant stamp duty savings on the ₹16 lakh…
Submitted wrong ITR form? Know how many times you can revise return
Correcting any mistakes or omissions in your initial Income Tax Return (ITR)…
Aadhaar-PAN link: Income Tax Department issues step-by-step guide to avoid higher TDS. Check here
Aadhaar-PAN link: The Income Tax Department has recently issued a detailed guide…
